Only 27% of Americans Have Confidence in Banks, Time for Bitcoin?
American citizens are losing confidence in just about every major institution, and according to Gallup, banks are no exception. Confidence in Banks Drops Significantly. Hardly anyone will be surprised to hear that banks are taking the brunt of this loss in faith. Whereas 49 percent of Americans had confidence in their banks back in 2006, that number....
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Swiss banks have decided to turn down U.S citizens who want to open up offshore bank accounts in Switzerland. This is due to the U.S’s new foreign account regulations for banks to disclose the information of american accounts. This could be an opportunity for Americans to switch over to Bitcoin. Privacy concerns. According to Bloomberg, the U.S ambassador in Switzerland has sent numerous letters to Swiss bank executives on the challenges Americans already have when opening a bank account in an attempt to get Swiss banks to rethink their decision of not accepting American clients. Suzan....
Data released by crypto platform Voyager Digital indicates that nearly two out of three Americans are bullish on crypto, believing it will gain value in 2022. Interest in crypto continues to grow as Americans show their excitement in the future of digital assets. The first annual Crypto Confidence Survey published by publicly-traded cryptocurrency platform Voyager Digital examined Americans’ experiences with crypto and their perspectives on how crypto will perform in 2022.The report shows many positive sentiments. The survey's findings revealed that nearly two-thirds of respondents....
The outcome of the U.S. presidential election is affecting how fast Americans will receive their second stimulus checks. With Joe Biden named the president-elect, Americans are eager to know how soon they will receive the second round of direct payments. The Senate goes back into session on Monday when the stimulus discussion will be prioritized. When Second Stimulus Checks Are Coming Many Americans were hoping that a new stimulus package with the second round of stimulus checks would pass before the presidential election. Now that the election is mostly over and former vice president Joe....
A dubious survey on NFT adoption among Americans, apparently from Piplsay Research, claims 18% of Americans own these collectibles. Dubious Survey Floats Around The Web, Says 18% Of Americans Own NFTs? According to Bitcoin.com, global consumer research platform Piplsay Research conducted a survey on NFTs between 3-5 September. However, the original poll is nowhere to […]
As a follow up to my piece "Why Bitcoin Value vs The U. S. Dollar Does Matter (And Never Will)", it is necessary to understand the fate of the U. S. Dollar is set in stone. The U. S. Dollar must collapse. Fait accompli. The average American is ignorant to this fact because: 1) An ignorant American consumer is the government's best customer. If Americans knew what was going on in the global economic markets, and what Washington ISN'T DOING to correct it, they'd storm the White House this evening! 2) The U. S. has not had an economic collapse in the last 80 years; so 95% of Americans don't....